It observed that there is no record of the money meant for the welfare of construction workers.
Former cricketer Gautam Gambhir, actor Manoj Bajpayee, mountaineer Bachendri Pal, ISRO scientist Nambi Narayanan and Odisha tea seller D Prakash Rao were among the recipients of the honour.
With his new book creating a major controversy, former Comptroller and Auditor General Vinod Rai on Tuesday said he has nothing personal against former prime minister Manmohan Singh, but all the "acclaim and the blame" has to be taken by the head of the government.
As industrialist Vijay Mallya fights his wilful defaulter tag, former CAG Vinod Rai has said Kingfisher Airlines' loan default is just a "trickle" and the overall problem of huge bad loans at public sector banks can be blamed on 'cronies' using connections to borrow money.
De-allocation could raise import bill by $3 billion, add to coal shortage.
The Reserve Bank of India (RBI) has approved a three-member committee of directors to run the day-to-day functioning of cash-strapped Lakshmi Vilas Bank.
CAG may not be the cure-all for the ills that afflict PPP projects and is perhaps a sub-optimal solution to the problem.
Any residual amount left in the Compensation Fund after five year compensation period shall be shared equally between the Centre and the states.
The Uttar Pradesh government's oft-repeated claims about the success of the 2013 Kumbh Mela have fallen flat, with the Comptroller and Auditor General pointing out various failures and pitfalls in the mega event.
Government is framing a rule that will make it compulsory for regulators like Sebi, Irdai and PFRDA to deposit a significant portion of their reserves into the Consolidated Fund of India.
'Will Mr Jaitley listen, or is that expecting too much in pre-election season?' asks T N Ninan.
The PAC, headed by Congress lawmaker K V Thomas, is keen to find out the details of huge loans given by the banks to corporates including the basis on which such favours were extended.
He also said that Bharatiya Janata Party MP Subramanian Swamy has not lied about the deal but it seems he has been misled.
The new board will have to provide the NCLT a road map for turning around the company by October 31, which, Kotak said, is challenging, given that the company's issues represent a "moving target"
CAG audit is likely to be completed in six months.
PNB has rich experience in the integration of commercial banks.
The MiG29K and MiG29KUB, the aircraft carrier's primary fighters, spent more time in the hangar than in the air, with fleet serviceability remaining below 50 per cent, reports Ajai Shukla.
The CAG had taken a strong objection to the long delays by the BRO in constructing 61 strategically important roads.
The new provision under the Income-Tax Act may enable the authorities to seize trustees' personal assets if there's a breach of objectives governing registered charitable trusts.
'He (Modi) thinks as if he is a tiger, and the only one who is right,' Mamata said.
"We refuse to grant any relief," the SC said.
The move also comes against the backdrop of the embattled Mallya facing a case of loan default worth Rs 9,400 crore.
Air India's former executive director Jitender Bhargava feels the airline should oppose the Tata-Singapore Airline plan to set up a hub in Delhi.
Rahul Khullar's guiding credo was that a civil servant must never lose sight of his client: The little guy. The evil men are those who are decision-makers but abdicate their responsibility of taking decisions, leading people to lose confidence in public institutions.
Pulling up Hindustan Aeronautics Limited for an inordinate delay of 14 years in the development and supply of a trainer aircraft, the CAG has observed that the time overrun has affected the Stage-II training of IAF pilots.
The civic body had come under severe attack in June.
The Supreme Court is likely to pass direction, on Monday, over Justice Lodha committee plea alleging that the Board of Control for Cricket in India (BCCI) is violating the apex court order and committee directions regarding the BCCI reforms.
A new generation of scholars -- this time, sociologists and anthropologists, who hitherto have been busy with researching social practices of primitive tribes and social structures like India's caste system -- are starting to cast their eyes on the financial sector.
CAG had in its previous reports slammed Oil Ministry and its technical arm DGH for not exercising enough control and vigil over KG-D6 block.
The Mumbai-based brokerage has constructed India Family Firm Index out of listed companies.
With the Supreme Court (SC) cancelling captive coal block allocations, Jindal Steel & Power Limited will be the worst-affected company.
The weather office on Monday forecast heavy to very heavy rainfall over the next three days over some parts of Uttarakhand, which is still recovering from a deluge last week that is feared to have taken over 1,000 lives.
Whilst politicians promise to uphold the honour and interests of our soldiers, the very opposite is being done, says Karan Thapar.
'These trends put at risk not only minorities or the media or some other out-of-favour group, they can and do concern everyone,' warns T N Ninan.
The Narendra Modi-led National Democratic Alliance government has given environment clearance to five projects since it took charge on May 26.
The report, floated recently, comes a few days after the government cancelled the registration of Bengaluru-based NGO Infosys Foundation for alleged violation of norms in receiving foreign grants.
Down and out Congress is all set to use 'Modi's doublespeak on CAG reports' and invitation to Nawaz Sharif as weapons to target the prime minister-designate. Renu Mittal reports.
Former Board of Control for Cricket in India president Anurag Thakur on Thursday tendered a fresh "unconditional" and "unequivocal" apology in the Supreme Court, saying it was never his intention to undermine the majesty of the apex court.
Congress stalwart Murli Deora passed away on Monday morning after battling a prolonged illness. He was a politician who shared rapport across the political and corporate spectrum.